Palo Alto’s City Council on May 18 advanced a tentative map allowing a developer to split an estate lot into nine parcels and 16 homes despite neighbors’ fire‑safety warnings. The move was fueled by recent state housing laws that narrow local discretion.

An eight‑acre Los Altos Hills estate at 27500 La Vida Real is listed near $37M, featuring a retractable‑roof pool and infrastructure built for heavy tech use. The asking price underscores tight high‑end inventory in the Bay Area.

Palo Alto’s City Council unanimously approved a seven-story, 183-unit building at 3781 El Camino Real, including roughly 23 below-market-rate units. The project used state housing rules to speed approval and fits new El Camino Real zoning.

A two-phase plan would convert the Caravelle Inn into 58 studios and add a 45-unit building, producing more than 100 apartments near North First transit.

Santa Clara University and Sutter Health will open the Mark & Mary Stevens School of Medicine after a $175M gift, a move aimed at expanding physician training in Silicon Valley.

A 2015 Atherton estate at 190 Almendral Avenue sold for $32.5M on March 30 and ranked ninth among March 2026’s priciest U.S. home sales. The trade follows a string of high‑end deals nationally.

Rubicon Point Partners paid about $87.2 million for Shockwave Medical’s Santa Clara campus, at a notable discount to its county‑assessed value.

After a devastating June 3, 2024 construction fire, Middlefield Junction’s 179 affordable apartments opened and families began moving in this spring.

Brookfield Properties paid $90.3M for a 120,000‑SF Equinix‑leased data center at 255 Caspian Drive as AI demand drives investor interest and grid planning concerns.

The Planning Commission granted a two‑year extension for Block 21 after the developer cited persistent lending hurdles. The six‑story mixed‑use project remains a fenced lot despite approval in 2022.

A developer wants to replace a life‑sciences building at 3350 West Bayshore Road with 286 homes — an eight‑story apartment, 25 townhomes and at least 15% affordable units. The filing invokes state housing laws that can speed review.

An 83,600‑sf former IDEC campus at 1175 Elko Drive has been sold to an investor, highlighting continued reshuffling in Silicon Valley real estate.

Lincoln Court in Campbell sold for $24.6M — about 60% below its assessor value, a stark sign of South Bay office weakness and potential hits to local tax revenue.